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GoArbit.com was a cryptocurrency investment platform that began operations in January 2020, founded by Maximo Martinez, who is reportedly based in the Dominican Republic. The platform offers a multi-level marketing (MLM) opportunity, promising returns on investments ranging from 0.5% to 1.5% daily, with a cap of 200% on total returns. However, GoArbit has been criticized for lacking transparency, as it does not provide verifiable information about its operations or the legitimacy of its investment claims. The business model has been labeled a Ponzi scheme, relying on new investments to pay returns to existing affiliates. In April 2022, it was reported that Martinez had fled to Dubai, and the company attempted to rebrand as Gofintech Group, which ultimately failed. As of February 2023, GoArbit was rebooted as GoArbit v3.0. https://behindmlm.com/mlm-reviews/goarbit-review-200-roi-crypto-ruse-ponzi-scheme/
GoArbit.com was a cryptocurrency investment platform that began operations in January 2020, founded by Maximo Martinez, who is reportedly based in the Dominican Republic. The platform offers a multi-level marketing (MLM) opportunity, promising returns on investments ranging from 0.5% to 1.5% daily, with a cap of 200% on total returns. However, GoArbit has been criticized for lacking transparency, as it does not provide verifiable information about its operations or the legitimacy of its investment claims. The business model has been labeled a Ponzi scheme, relying on new investments to pay ret...